Saudi Arabia Smart Ticketing Market Size & Outlook
Related Markets
Saudi Arabia smart ticketing market highlights
- The Saudi Arabia smart ticketing market generated a revenue of USD 403.5 million in 2024 and is expected to reach USD 1,013.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 16.7% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Smart ticketing market data book summary
| Market revenue in 2024 | USD 403.5 million |
| Market revenue in 2030 | USD 1,013.3 million |
| Growth rate | 16.7% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Service |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
| Key market players worldwide | CPI Card Group Inc, Cubic Corporation, Thales, Giesecke+Devrient, Assa Abloy AB ADR, Infineon Technologies AG, NXP Semiconductors NV, IDEMIA, Xerox Holdings Corp |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 3.0% of the global smart ticketing market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE smart ticketing market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 579.5 million by 2030.
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Smart Ticketing Market Scope
Smart Ticketing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Assa Abloy AB ADR | View profile | 61282 | Klarabergsviadukten 90, P.O. Box 70340, Stockholm, Sweden, SE-107 23 | https://www.assaabloy.com |
| CPI Card Group Inc | View profile | 1448 | 10368 West Centennial Road, Littleton, CO, United States, 80127 | https://www.cpicardgroup.com |
| Cubic Corporation | View profile | 10001+ | San Diego, California, United States, North America | http://cubic.com |
| Giesecke+Devrient | View profile | 10001+ | Munich, Bayern, Germany, Europe | https://www.gi-de.com/en/ |
| Xerox Holdings Corp | View profile | 18700 | 201 Merritt 7, P.O. Box 4505, Norwalk, CT, United States, 06851-1056 | https://www.xerox.com |
| IDEMIA | View profile | 10001+ | Courbevoie, Ile-de-France, France, Europe | https://www.idemia.com/ |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
Saudi Arabia smart ticketing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart ticketing market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 57.08% in 2024. Horizon Databook has segmented the Saudi Arabia smart ticketing market based on hardware, software, service covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Smart Ticketing Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Service
- Saudi Arabia Smart Ticketing Product Outlook (Revenue, USD Million, 2018-2030)
- E-toll
- Request Tracker
- E-ticket
- Ticket Validators
- E-kiosk
- Smart Parking System
- Ticket Machine
- Others
- Saudi Arabia Smart Ticketing System Outlook (Revenue, USD Million, 2018-2030)
- Near-field Communication
- Open Payment System
- Smart Card
- Saudi Arabia Smart Ticketing End Use Outlook (Revenue, USD Million, 2018-2030)
- Transportation
- Others
- Parking
- Sport & Entertainment
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Target buyers of Saudi Arabia smart ticketing market databook
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Our clientele includes a mix of smart ticketing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia smart ticketing market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia smart ticketing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia smart ticketing market size, by product, 2018-2030 (US$M)
Saudi Arabia Smart Ticketing Market Outlook Share, 2024 & 2030 (US$M)
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